New Construction
New
For Sale
$850,000
186 Jackson Avenue, Bridgeport, CT 06606
Two residences provide open-concept interiors, private laundry areas, and updated finish selections.
Property Size2,026 SF
Price / SF$183.78
Days on Market5
Property Features for 186 Jackson Avenue
General Information
Standard status
Active
Size
2,026 SF
Property subtype
2 Family
Units
Unit Mix
5BR/3BA, 6BR/3BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
laundry area
Building Details
Building Size
2,026 SF
Year Built
2026
Listing Agency:
Keller Williams Prestige Prop.
Listed By:
Nelly Cordova
(203) 816-1108
Source:
Iverty
Added: Sep 3
Changed: Sep 6
Last Checked: Sep 6 at 7:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Prestige Prop.
Investment Insights
Based on property information with market context.
This new-construction duplex contains 4,625 square feet across two residences. The first unit includes 5 bedrooms, 3 bathrooms, and a bonus room, while the second offers 6 bedrooms and 3 bathrooms. Both units feature open-concept layouts, granite countertops, and dedicated laundry areas, with design details carried throughout the interiors.
Built in 2026, the property is located at 186 Jackson Avenue in Bridgeport, CT. The setting is near public transportation, restaurants, and local attractions, supporting both owner-occupant and rental-oriented use.
Built in 2026, the property is located at 186 Jackson Avenue in Bridgeport, CT. The setting is near public transportation, restaurants, and local attractions, supporting both owner-occupant and rental-oriented use.
Key Highlights
- 4,625‑square‑foot duplex built in 2026
- First unit offers 5 bedrooms, 3 bathrooms, and a bonus room
- Second unit includes 6 bedrooms and 3 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,936
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,198,720
$1.2M
Cap Rate 7%
$856,229
$856.2K
Cap Rate 9%
$665,956
$666.0K
Market Conditions
NOI Build-Up for 4,625 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$91.6K $19.80/SF
− Vacancy
−$6.0K −$1.29/SF
EGI
$85.6K $18.51/SF
− OpEx
−$25.7K −$5.55/SF
NOI
$59.9K $12.96/SF
Area
Bridgeport, CT
Vacancy
6.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,198,720
Cap Rate 7%
$856,229
Cap Rate 9%
$665,956
Alternative Uses
Best Use
Multifamily LT 5
$856.2K
$749.2K – $998.9K
NOI $59,936 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$777.2K
$680.0K – $906.7K
NOI $54,403 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,405 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,443
Businesses Nearby
Explore this area
Business Placement
Demographics for 06606, CT
48,427
Population
19,002
Households
2.5
Avg Household Size
36
Median Age
23%
College-Educated
82%
High-School Grad
5.3 sq mi
ZIP Area
9,137
Density / Sq Mi
$68,538
Median Household Income
$35,128
Median Earnings
$1,434
Median Rent
$272,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences provide open-concept interiors, private laundry areas, and updated finish selections.
Where is this duplex located?
The property is located at 186 Jackson Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4,625‑square‑foot duplex built in 2026; First unit offers 5 bedrooms, 3 bathrooms, and a bonus room; Second unit includes 6 bedrooms and 3 bathrooms
